Exclusive WRE News Articles
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Retail Chain Party City is Going Out of Business
The company is not providing its staff with severance pay. Continue Reading Retail Chain Party City is Going Out of Business
Hits and Misses for the Real Estate Week of Dec. 16-20
NAR’s image problems, the Chicago mayor’s learning curve and political tumult in Canada top this week’s Hits and Misses. Continue Reading Hits and Misses for the Real Estate Week of Dec. 16-20
D.R. Horton to Launch New Master-Planned Community in Utah
The first homes in Viridian are expected to be available for sale in January. Continue Reading D.R. Horton to Launch New Master-Planned Community in Utah
Additional Reading: Realtor Tools & Insights
Alabama Home Sales Up, Reversing Three-Month Decline
Alabama saw 416 foreclosures in November, down by 3.7% from the prior month and a 22.2% annual decrease. Continue Reading Alabama Home Sales Up, Reversing Three-Month Decline
New York State Housing Inventory at 8-Month Low
The lack of available properties resulted in a 4.6% year-over-year decline in closed sales. Continue Reading New York State Housing Inventory at 8-Month Low
Wisconsin Home Sales Inched Up in November
Also on the rise was the state’s median price – $310,000, up 8.8% from $279,900 in the prior year. Continue Reading Wisconsin Home Sales Inched Up in November
116-Unit Connecticut Multifamily Complex Sells for $14.1 Million
National Multifamily Corp. President Matt Cawley represented the seller and procured the buyer in the transaction. Continue Reading 116-Unit Connecticut Multifamily Complex Sells for $14.1 Million
FCP Acquires 250-Unit Florida Multifamily Community
The financial terms of the acquisition were not disclosed. Continue Reading FCP Acquires 250-Unit Florida Multifamily Community
Trinity Investments Acquires Historic Seattle Hotel
The 450-room luxury hotel opened in 1924 and spans an entire block of Downtown Seattle. Continue Reading Trinity Investments Acquires Historic Seattle Hotel
Harbor Capital Acquires Houston-Area Industrial Property
The 13 new industrial buildings at the property features spaces ranging from 5,625 to 48,750 square feet. Continue Reading Harbor Capital Acquires Houston-Area Industrial Property
Big Lots to Start ‘Going Out of Business’ Sales at Remaining Stores
Big Lots currently operates 963 stores nationwide. Continue Reading Big Lots to Start ‘Going Out of Business’ Sales at Remaining Stores
Existing Home Sales Up in November
Last month’s median existing home price for all housing types was $406,100. Continue Reading Existing Home Sales Up in November
Mortgage Rates Rise Ahead of Christmas
The 30-year fixed-rate mortgage averaged 6.72% as of Dec. 19. Continue Reading Mortgage Rates Rise Ahead of Christmas
Florida Home Sales and Prices Decline
The statewide median sales price for single-family existing homes in November was $410,700. Continue Reading Florida Home Sales and Prices Decline
LRT Company Expands to Rhode Island with Senior Housing Development
Groundbreaking on the project is expected to occur next summer. Continue Reading LRT Company Expands to Rhode Island with Senior Housing Development
California Home Sales Record Largest Yearly Increase in Over Three Years
The statewide median price of $852,880 was down 4% from October but was up 3.8% from November 2023. Continue Reading California Home Sales Record Largest Yearly Increase in Over Three Years
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CMBS DELINQUENCY RATE DROPS BY FIVE BASIS POINTS. Learn more at https://wrenews.com/cmbs-delinquency-rate-drops-by-five-basis-points/
JEF CONN NAMED 2024 BOARD CHAIRMAN OF TEXAS REALTORS. Learn more at https://wrenews.com/jef-conn-named-2024-board-chairman-of-texas-realtors/
MBA’S BROEKSMIT EXPRESSES ‘SIGNIFICANT CONCERN’ OVER PAUSING FORECLOSURES ON VA-GUARANTEED LOANS. Learn more at https://wrenews.com/mbas-broeksmit-expresses-significant-concern-over-pausing-foreclosures-on-va-guaranteed-loans/
